Foundation of the National Automatic Merchandising Assoc

Analysis

Foundation of the National Automatic Merchandising Assoc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation of the National Automatic Merchandising Assoc reported income of $207k and spending of $229k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $207k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of the National Automatic Merchandising Assoc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Wabash County United Fund ($207k), Mother Deveaux Adult Day Care ($207k) and Minnetonka High School Cheerleading Booster Club ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.1m against liabilities of $82k, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.